PTC

About

PTC develops, markets, and supports product lifecycle management software solutions and associated services.

Needham,Massachusetts,United States
5001 - 10000
http://www.ptc.com

Highlights

Details

Last Funding Type: Post-IPO Equity
Last Funding Money Raised: $1B
Industries: 3D Technology,CAD,Enterprise Software,Product Design,Software
Founded date: Jan 1, 1985
Number Of Employee: 5001 - 10000
Operating Status: Active
Stock Symbol: nasdaq:PTC
Legal Name: PTC Inc.
Also Known As: Parametric Technology Corporation

PTC Inc. is a US-based company that is engaged in developing, marketing, and supporting product lifecycle management (PLM) software solutions and associated services. It is a provider of technology platforms and enterprise applications for smart and connected products, operations, and systems. It serves its products to various industries including manufacturing, publishing, services, government, and life sciences sectors.

Currently, PTC employs more than 6,000 professionals and serving more than 28,000 businesses worldwide. It was established in 1985.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$1B

PTC has raised a total of $1B in funding over 2 rounds. Their latest funding was raised on Jun 11, 2018 from a Post-IPO Equity round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 11, 2018	Post-IPO Equity	$1B	1	Rockwell Automation	—	Detail
Dec 15, 1989	IPO	—	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

4

1

PTC has made 4 investments. Their most recent investment was on Jan 4, 2022, when Mojo Vision raised $45M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Jan 4, 2022 Mojo Vision	Series B	$45M	Big Data	—
Jun 12, 2019 Matterport	Corporate Round	—	3D Technology	Yes
Dec 16, 2015 Mtell	Series A	—	Artificial Intelligence	—
Jun 23, 2015 ServiceMax	Series F	$82M	Cloud Infrastructure	—

Investors

Number of Lead Investors

Number of Investors

1

PTC is funded by 1 investors. Rockwell Automation are the most recent investors.

Investor Name	Lead Investor	Funding Round
Rockwell Automation	Yes	Post-IPO Equity

Employee Profiles

Number of Employee Profiles

210

PTC has 210 current employee profiles, including Executive James Heppelmann

James Heppelmann

Executive

Jean-Claude Niyonkuru

Employee

Mark Fischer

Executive

Kristian Talvitie

Executive

Phil Fernandez

Executive

Exits

PTC has had 3 exits. PTC most notable exits include ServiceMax , Matterport

Date	Company Name	Exit Type	Industry
Nov 17, 2022	ServiceMax	M&A	Cloud Infrastructure	Detail
Jul 23, 2021	Matterport	IPO	3D Technology	Detail
Oct 27, 2016	Mtell	M&A	Artificial Intelligence	Detail

Acquisition

PTC has acquired 35 organizations. Their most recent acquisition was InPart Design on Oct 2, 1998. They acquired InPart Design for 0.

Date Company Name	Industry	Acquisition Type	Price
Oct 2, 1998 InPart Design	Internet	acquisition	—	Detail
Dec 12, 1998 Computervision	CAD	acquisition	—	Detail
Mar 9, 1999 Auxilium, inc.	Software	acquisition	—	Detail
Apr 8, 2004 OHIO Design Automation	Software	acquisition	$ 12M	Detail
Jun 6, 2005 Polyplan Technologies	Manufacturing	acquisition	—	Detail